Mr brogdon has been a business owner in the past with

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currently pursuing a Bachelor’s in Business. Mr. Brogdon has been a business owner in the past with over 20 years in business. c. Location and Hours of Operation The proposed business location will be at 2900 Waverly Pkwy, Opelika, which is currently owned by Mr. & Mrs. Brogdon. The undeveloped land includes a lot zoned as B-4 "General Business District". The business hours will be from 6:00 A.M. to 6:00 P.M. Monday through
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Friday, with the potential to extend days and hours. The center will be closed New Year’s Eve, New Year's Day, July 4th, Thanksgiving, Christmas Eve and Christmas. d. Revenues and Accounting Revenues will be generated by providing reliable and quality child care services to the Opelika/Auburn area. Full accounting records will be maintained by Kingdom Kids Day Care. The following accountant will be used for the preparation of business financial statements and taxes: Crowley, Thomas P CPA 1705 Pepperell Parkway Opelika, AL (334) 749-5210 e. Inventory and Supplies Inventory will be limited to consumable office, cleaning and kitchen supplies. Office and cleaning supplies will be replenished on as- needed basis. Kitchen supplies, consisting of food items for meals and snacks, will be purchased weekly from Sam’s Club. f. Contracted Services A local cleaning company will be contracted to perform a weekly sanitization of kitchen, bathrooms and all carpets. All chemicals will be in adherence to all state and federal laws. * see appendix I for vendor contract with Peachy Clean g. Legal The business will be in compliance regarding the rules and regulations of the Alabama Department of Protective and Regulatory Services, Structural Pest Control Board and the Alabama Department of Health. The owners will obtain the required operating licenses issued by the Alabama Department of Protective and Regulatory Services (Day Care/Child Care Licensing and the Child Care Administrators License). Contractual agreements and other legal services will be provided by the following attorney: Hand and Associates Law Firm 2214 Gateway Drive, Ste. G 2214 N 8th St, Opelika, AL (334) 741-4077 h. Current Proposal As the need for child care services in the Opelika/Auburn area grows, so will the operation of Kingdom Kids Day Care. Mr. and Mrs. Lowery & Mr. and Mrs. Brogdon have a total of $90,000 to invest in this project (land appraised at $50,000 and $40,000 in cash or cash equivalents). Mr. and Mrs. Lowery & Mr. and Mrs. Brogdon need additional financing for two business loans, totaling $150,000.
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Projected Business Start-up Costs Description Amount Construction of Facility (15 year loan) $100,000 Equipment (7 year loan) $ 30,000 Furnishings (7 year loan) $ 20,000 Total $150,000 IV. Market Analysis The Opelika/Auburn area is rapidly expanding through residential and commercial development.
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